Monero Payment Option on Fortnite was “Accident”

Tim Sweeney, the Founder of Epic Games, has revealed in a tweet that the Monero payment gateway previously reported to have been set up on a Fortnite merchandise store, was “accidental”. Actually, Fortnite’s brief foray into crypto was accidental. We worked with a partner to open a merchandise store, and somewhere along the way Monero […]

Colorado Considers Bill for Looser Securities Laws on Crypto Activities

Colorado Considers Bill for Looser Securities Laws on Crypto Activities

The State of Colorado is considering a bipartisan bill which seeks to relieve cryptocurrencies of some securities laws, as per documents released by the Colorado Senate. Embrace The bill titled the Colorado Digital Token Act is aiming to establish “limited exemptions from securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in […]

Bitten by Reality: Uncoupling Cryptocurrency from the Blockchain Industry

Bitten by Reality: Uncoupling Cryptocurrency from the Blockchain Industry

If 2017’s phenomenal crypto-market boom, supported by the entry of innumerable startups into the blockchain industry through initial coin offerings (ICOs) has taught us anything, it was that this fringe technology had some innovative gusto backing it, and it wasn’t going anywhere anytime soon. Blossoming Bitcoin at the time had most certainly cemented itself in […]

P2P Sharer BitTorrent Releases Details of Native Crypto

The pioneering peer-to-peer (P2P) file-sharing company BitTorrent has announced the creation of its own cryptocurrency with network speed and user incentives in mind, with technical details in a white paper. Crypto for torrents According to a blog post on the official website, the BitTorrent Token (BTT) will be exchangeable between users who wish to pay […]

HMRC Publishes Comprehensive Guide for UK Crypto Tax

HMRC Publishes Comprehensive Guide for UK Crypto Tax

Thorough crypto tax guidelines have been published in the United Kingdom by the nation’s tax agency, Her Majesty’s Revenue and Customs (HMRC). Published on 19 December, the comprehensive guide details the circumstances or instances in which a crypto holder, trader or someone who receives payment in the form of crypto would need to pay taxes. At […]

Survey: Education Barrier to Crypto Trading, But Eagerness to Learn

Survey: Education Barrier to Crypto Trading, But Eagerness to Learn

Crypto-asset education is in demand according to a survey conducted by investment platform eToro and Provoke Insights, an independent market research and strategy firm. Knowledge is power According to a press release, 1,000 online investors were surveyed, revealing that many were lacking in education when it came to crypto-assets and that they were keen to […]

New Zealand Research Suggests Economy Can Benefit from Blockchain Enterprise

New Zealand Research Suggests Economy Can Benefit from Blockchain Enterprise

A new report suggests that New Zealand’s third-largest export sector and high-tech workforce could benefit significantly from blockchain technologies. Economic benefits The report titled ‘Distributed Ledgers and Blockchains: Opportunities for Aotearoa New Zealand‘ was published by Callaghan Innovation, a state agency dedicated to innovation and research and development of “ambitious businesses of all sizes”. In […]

South Korean Port Receives Blockchain Enhancements to Shipping Logistics

South Korean Port Receives Blockchain Enhancements to Shipping Logistics

Government ministries in South Korea are pushing the nation’s blockchain infrastructure to the seas in a new marine logistics project. Logistical supremacy The Ministry of Science, ICT and Future Planning (MSIP) will be collaborating with the Ministry of Oceans and Fisheries (MOF) on the newly launched blockchain pilot. With the intentions of increasing container shipping […]

Porsche Receives Loan via Blockchain Platform from Spanish Bank

Porsche Receives Loan via Blockchain Platform from Spanish Bank

Porsche Holdings has finalized a USD 170 million term loan with Spanish banking giant, Banco-Bilbao Vizcaya Argentina (BBVA), making Porsche the first non-Spanish company to receive a loan from BBVA this way. Blockchain-backed loan According to a report made by Innovation Enterprise, Porsche Holdings, one of the world’s largest vehicle distributors and Europe’s largest has […]

Startup Founders Survey Finds Blockchain Skepticism, Experimentation

Startup Founders Survey Finds Blockchain Skepticism, Experimentation

A major venture capitalist (VC) firm has released its annual survey, revealing blockchain-skeptic sentiments among startup founders, despite a majority presently dabbling with cryptocurrency or blockchain. Results The annual State of Startups survey comes from First Round Capital who polled 529 founders with focus questions surrounding the fundraising landscape, “exit environment” and operational challenges. Fascinatingly, […]